I can see how an application fee per person can be a deterrent for applicants in my case whether for more upscale rentals people may see it as more normal.I am starting off as a non-refundable fee and measure the resistance, then adjust if needed.

You do have to get a good cleaner and handy person which can take some time.I agree with HOA's.

You might be able to get around the fact your entity owns the property by either transferring the property back into your personal name or by some personal guarantee or cross-collaterization agreement.

Then, each person with money in the deal would get an 8% preferred dividend until they get all of their money back.

The tenant pays a monthly premium and keeps an active bank account and credit card on file.

. -- lots of factors to consider (including your personal strategy), but here are a few high level metrics to compare the most populous zip codes in HuntsvilleWelcome to drop me a message if you are interested in checking out the full report 

I’m not convinced it makes a real difference unless a person has a unique setting.

Still can be very beneficial for a new investor but personally I think not as good as a service as they had with their exclusive listings where they had inspections already done, rent rolls available, and you can complete the entire offer/acceptance via their platform rather than being handed off to an agent. 

Do you have a 501c3 that you operate under (and rent the house from yourself), or do you purchase homes with an LLC or personal name, and run as a regular business? 

I have personally been the guy who hasn't pulled permits and got caught...by far one of the worst experiences of my investing career.